Compass just released our first report focused on how individual Startup Ecosystems around the world can accelerate their growth and traction.
After the success of the 2015 Startup Ecosystem Ranking (200k reads, 13k downloads and global press coverage in major media e.g. CNN, Forbes, FT, TC, etc.), we’ve had a lot of demand to provide actionable insights on how smaller startup ecosystems can grow and compete with the top Startup Ecosystems.
We did just that with this new report, selecting Waterloo, Canada, as the best case of the David vs. Goliath dynamic on which to build a set of recommendations for David’s such as Capital Attraction, Talent Attraction, Government Tax Law Optimization, relevant to dozens of other emerging Startup Ecosystems.
In 2010 I built an Evolutionary Developmental Lifecycle Model for Startups, where the Stages are: Discovery -> Validation -> Efficiency -> Scale -> Sustain -> Maintain -> Decline
I will be sharing much more about the major evolutionary upgrades I have made to that model in my forthcoming book on Startups and its companion writing.
My main contribution to this report was, in collaboration with Jean-Francois Gaultier, the creation and articulation of an Evolutionary Developmental Lifecycle Model for Startup Ecosystems, where the Stages are:
Emergence -> Activation -> Regional & National Integration -> International Integration -> Maturity
It provides a framework for Startup Ecosystems in any location around the world to understand what stage of growth their at and what they need to do to continue evolve and stimulate economic growth and job growth in their respective regions.
The world is in the midst of a major economic transition where businesses founded on Industrial Era principles and economics are rapidly losing of all their ability to sustain themselves. The best hope for economies and societies all around the world to the Thrive in the 21st Century is to grow a Startup Ecosystem.
You can read the introductory blog post here:http://blog.startupcompass.co/waterloo-the-david-vs-goliath…
And download the full 70 page report here: http://startup-ecosystem.compass.co/…/the-david-vs-goliath…/